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Mobile Home Park Details

  • Purchase Method: Seller Financing
  • Listing ID: 686330
  • Posted On: Jul 11, 2016
  • Updated On: Nov 21, 2016

Description

11 pads on aprox. 1 acre of valuable real estate zoned C-1 Homes are tenant owned. City water and sewage. All lots are metered separatly to control usage.,
Tenants have been there for years. Three trailers are empty and need replaced can be done for under $10,000. Can sell the trailers and collect lot rent.

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Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 79.0 %
Year Built: 1970
Average MH Lot Rent: $260
Size: 1 acre(s)

Financial Information (Actual)

Gross Income: $34,320
Operating Expense: $1,130
Expense Ratio: 3.3 %

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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